Jack Dorsey to cut 4,000 jobs due to AI advances at Square parent Block
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Shares in company increased over 20% as investors were encouraged by CEO’s assertion that cuts will drive profits Sign up for the Breaking News US email to get newsletter alerts in your inbox Shares in company increased over 20% as investors were encouraged by CEO’s assertion that cuts will drive profits Sign up for the Breaking News US email to get newsletter alerts in your inbox Fintech company Block announced that it would be laying off 4,000 of its 10,000 employees because of gains in AI
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